Shradha Dividends Paid vs Change To Netincome Analysis

SHRADHA Stock   87.05  1.37  1.60%   
Shradha Infraprojects financial indicator trend analysis is much more than just breaking down Shradha Infraprojects prevalent accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Shradha Infraprojects is a good investment. Please check the relationship between Shradha Infraprojects Dividends Paid and its Change To Netincome accounts. Check out World Market Map to better understand how to build diversified portfolios, which includes a position in Shradha Infraprojects Limited. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in unemployment.

Dividends Paid vs Change To Netincome

Dividends Paid vs Change To Netincome Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Shradha Infraprojects Dividends Paid account and Change To Netincome. At this time, the significance of the direction appears to have significant contrarian relationship.
The correlation between Shradha Infraprojects' Dividends Paid and Change To Netincome is -0.43. Overlapping area represents the amount of variation of Dividends Paid that can explain the historical movement of Change To Netincome in the same time period over historical financial statements of Shradha Infraprojects Limited, assuming nothing else is changed. The correlation between historical values of Shradha Infraprojects' Dividends Paid and Change To Netincome is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Dividends Paid of Shradha Infraprojects Limited are associated (or correlated) with its Change To Netincome. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Change To Netincome has no effect on the direction of Dividends Paid i.e., Shradha Infraprojects' Dividends Paid and Change To Netincome go up and down completely randomly.

Correlation Coefficient

-0.43
Relationship DirectionNegative 
Relationship StrengthVery Weak

Dividends Paid

The total amount of dividends that a company has paid out to its shareholders over a specific period.

Change To Netincome

Most indicators from Shradha Infraprojects' fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Shradha Infraprojects current financial condition. On the other hand, looking into the entire matrix of fundamental ratios indicators, and analyzing their relationships over time can provide a more complete picture of the company financial strength now and in the future. Check out World Market Map to better understand how to build diversified portfolios, which includes a position in Shradha Infraprojects Limited. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in unemployment.
The current year's Tax Provision is expected to grow to about 56.7 M, whereas Selling General Administrative is forecasted to decline to about 3.5 M.
 2022 2023 2024 2025 (projected)
Interest Expense421K1.5M1.7M1.3M
Depreciation And Amortization1.2M34.5M39.7M41.7M

Shradha Infraprojects fundamental ratios Correlations

0.910.720.980.980.770.190.980.90.54-0.070.76-0.590.070.750.50.720.910.670.920.990.920.890.850.270.01
0.910.470.910.820.520.250.940.690.38-0.060.51-0.64-0.010.490.390.790.990.410.790.930.990.990.90.43-0.08
0.720.470.710.780.87-0.20.630.890.76-0.110.88-0.090.060.940.60.340.460.860.630.70.510.460.38-0.26-0.06
0.980.910.710.940.740.110.970.880.6-0.10.73-0.560.040.730.470.630.90.640.870.990.910.920.820.28-0.02
0.980.820.780.940.830.20.920.950.580.00.82-0.580.160.820.470.650.830.770.950.950.860.80.830.220.14
0.770.520.870.740.83-0.270.710.930.7-0.361.0-0.15-0.170.970.630.470.490.920.720.750.530.510.44-0.180.01
0.190.25-0.20.110.2-0.270.14-0.06-0.50.6-0.3-0.60.57-0.25-0.370.240.35-0.280.410.130.340.20.570.590.47
0.980.940.630.970.920.710.140.830.51-0.180.7-0.57-0.060.670.510.770.930.590.870.990.920.930.840.31-0.09
0.90.690.890.880.950.93-0.060.830.75-0.080.92-0.40.10.940.580.530.680.90.840.880.720.680.630.020.04
0.540.380.760.60.580.7-0.50.510.75-0.130.71-0.070.00.750.510.140.330.820.360.560.380.390.18-0.18-0.19
-0.07-0.06-0.11-0.10.0-0.360.6-0.18-0.08-0.13-0.37-0.50.97-0.23-0.29-0.210.0-0.210.04-0.130.04-0.090.120.290.27
0.760.510.880.730.821.0-0.30.70.920.71-0.37-0.13-0.180.980.630.450.480.920.70.740.520.50.42-0.2-0.01
-0.59-0.64-0.09-0.56-0.58-0.15-0.6-0.57-0.4-0.07-0.5-0.13-0.53-0.10.05-0.4-0.67-0.13-0.65-0.55-0.66-0.63-0.75-0.52-0.28
0.07-0.010.060.040.16-0.170.57-0.060.10.00.97-0.18-0.53-0.05-0.17-0.170.05-0.040.170.00.09-0.040.170.250.28
0.750.490.940.730.820.97-0.250.670.940.75-0.230.98-0.1-0.050.620.420.470.930.690.730.520.470.41-0.210.01
0.50.390.60.470.470.63-0.370.510.580.51-0.290.630.05-0.170.620.560.340.490.260.530.360.340.13-0.22-0.63
0.720.790.340.630.650.470.240.770.530.14-0.210.45-0.4-0.170.420.560.80.30.610.730.780.70.70.24-0.28
0.910.990.460.90.830.490.350.930.680.330.00.48-0.670.050.470.340.80.390.820.910.990.970.940.45-0.01
0.670.410.860.640.770.92-0.280.590.90.82-0.210.92-0.13-0.040.930.490.30.390.640.630.450.40.37-0.120.1
0.920.790.630.870.950.720.410.870.840.360.040.7-0.650.170.690.260.610.820.640.880.840.780.90.30.36
0.990.930.70.990.950.750.130.990.880.56-0.130.74-0.550.00.730.530.730.910.630.880.920.910.830.27-0.07
0.920.990.510.910.860.530.340.920.720.380.040.52-0.660.090.520.360.780.990.450.840.920.960.940.420.01
0.890.990.460.920.80.510.20.930.680.39-0.090.5-0.63-0.040.470.340.70.970.40.780.910.960.880.43-0.05
0.850.90.380.820.830.440.570.840.630.180.120.42-0.750.170.410.130.70.940.370.90.830.940.880.520.29
0.270.43-0.260.280.22-0.180.590.310.02-0.180.29-0.2-0.520.25-0.21-0.220.240.45-0.120.30.270.420.430.520.11
0.01-0.08-0.06-0.020.140.010.47-0.090.04-0.190.27-0.01-0.280.280.01-0.63-0.28-0.010.10.36-0.070.01-0.050.290.11
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Shradha Infraprojects Account Relationship Matchups

Shradha Infraprojects fundamental ratios Accounts

202020212022202320242025 (projected)
Total Assets2.2B2.6B2.5B2.9B3.3B3.5B
Short Long Term Debt Total1.5B1.8B1.5B1.5B1.7B888.1M
Other Current Liab1.7M90.0M80.1M294.9M339.1M356.1M
Total Current Liabilities1.4B1.7B1.4B1.6B1.8B1.9B
Total Stockholder Equity600.7M614.3M736.0M918.0M1.1B1.1B
Property Plant And Equipment Net132.2M160.3M237.1M476.3M547.7M575.1M
Current Deferred Revenue91.9M26.2M29.5M12.0M13.8M13.1M
Net Debt1.2B1.6B1.5B1.5B1.7B1.8B
Retained Earnings325.3M338.8M460.5M642.0M738.2M775.2M
Accounts Payable11.9M56.2M99.0M87.4M100.5M105.5M
Cash104.1M17.2M18.1M21.3M24.5M23.3M
Non Current Assets Total139.7M183.0M261.0M512.6M589.5M619.0M
Non Currrent Assets Other84.4K589.0K2.2M7.6M6.8M5.5M
Cash And Short Term Investments104.1M17.2M19.7M33.6M38.6M76.5M
Net Receivables10.2M16.8M63.0M217.4M250.0M262.5M
Liabilities And Stockholders Equity2.2B2.6B2.5B2.9B3.3B3.5B
Non Current Liabilities Total231.1M278.2M355.1M376.4M432.8M237.6M
Inventory1.9B2.4B2.1B2.0B2.3B1.3B
Total Liab1.6B2.0B1.8B1.9B2.2B2.4B
Total Current Assets2.0B2.4B2.3B2.4B2.7B1.4B
Short Term Debt1.2B1.5B1.2B1.2B1.3B678.1M
Short Term Investments109.0K2.3M1.6M12.2M11.0M10.5M
Long Term Debt Total545.7M228.3M272.7M346.6M398.6M268.1M
Cash And Equivalents109.1M104.1M17.2M18.1M16.3M15.4M
Property Plant Equipment140.9M132.2M158.9M237.1M272.7M156.3M
Other Liab2.8M3.0M5.6M8.5M7.6M5.5M
Net Tangible Assets617.6M600.7M614.3M736.0M846.4M676.9M
Net Invested Capital1.9B2.4B2.3B2.4B2.8B2.1B
Short Long Term Debt1.2B1.5B1.2B1.2B1.3B1.1B
Non Current Liabilities Other241.5K2.3M5.9M22.2M25.5M26.8M
Net Working Capital691.5M708.9M830.7M795.5M914.9M894.8M
Long Term Debt61.7M272.7M346.6M351.3M316.2M252.1M

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Other Information on Investing in Shradha Stock

Balance Sheet is a snapshot of the financial position of Shradha Infraprojects at a specified time, usually calculated after every quarter, six months, or one year. Shradha Infraprojects Balance Sheet has two main parts: assets and liabilities. Liabilities are the debts or obligations of Shradha Infraprojects and are divided into current liabilities and long term liabilities. An asset, on the other hand, is anything of value that can be converted into cash and which Shradha currently owns. An asset can also be divided into two categories, current and non-current.